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- Wheneve ther is a recession imports decrease. Therefore to stop a recession we should increase import?Country A faces both a rise in Real GDP and Price Level. What does this say about its AD and LRAS, explain with a diagram. Don,t copy from anywher. Do answer step by step. Answer Must be correct.Y5 Consider an AS-AD model for the U.S. Suppose an economic expansion in Mexico increases income for the average Mexican household. Mexico is a large trading partner with the US. This expansion would cause: a. the U.S. price level to rise and real GDP to fall. b. the U.S. price level and real GDP to increase. c. the U.S. price level to fall and real GDP to rise. d. the U.S. price level and real GDP to fall.
- Malaysia GDP to rebound up to 7.5% in 2021, central bank predicts The Malaysian economy is expected to grow between 6% and 7.5% this year, the central bank said on Wednesday, with COVID-19 vaccinations and stronger external demand driving a recovery from the 5.6% contraction for 2020. Central bank Governor Nor Shamsiah Yunus said growth this year would also be underpinned by higher private and public expenditures, while an accelerating immunization campaign will improve confidence. "The Malaysian economy is projected to rebound in 2021, with the gross domestic product achieving pre-COVID-19 levels by mid-2021,". The new full-year estimate leaves slightly more room at the low end, compared with a previous forecast of 6.5% to 7.5% expansion. "In our forecast, we assume that herd immunity will only be achieved in the first quarter of 2022," Nor Shamsiah explained. She also said the bank considered that Malaysia's international borders could remain largely closed for the entire year, but…Does a boom in Y rises above Natural rate of GDP require a price surprise? In which direction?How is long-term growth illustrated in an AD/AS model?
- Why are inflationary dangers lower in the high-income economies than in low-income and middle-income economies?Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what is supplied, or the reverse?Student question Please Provide the answer for Question 3 and 4 G Font PO PIEL EO P2 3 R/GDPP/GDP R/GDP C Learning Activity 8 Consider the following AD-AS model for an economy and answer the following questions. F LRAS R/GDP AD2 ADI Paragraph SRAS ADO 4. What are factors that can shift LRAS to the right? Answer: Time Left: 00:09:34 1. Indicate the point where the above economy is in equilibrium in the short run and long run? Answer: 2. Explain the inflationary gap in the above graph and how the economy can recover itself from this output gap? Answer: 3. Explain recessionary gap in the above graph and what kind of fiscal policy can be used by a government to recover the economy from this output gap. Answer:
- Consider the basic AD/AS model. When wage rates rise faster than the increase in labour productivity, the OA AD curve shifts left. OB. AS curve shifts upward. OC. output gap falls. OD. AS curve shifts downward. OE output gap increases.According to the Keynesian model, which answer might cause a recession but wouldn't cause inflation for Country X. O a decrease in interest rates O a decrease in a major trading partners export prices a major trading partner's economic slowdown O an increase in domestic investmentAn economy's apgregate demand curve isven as AD 00.6SY, With an increase in foreign income, the level of exports increases by 235 bilion what wi happen to real GDP in thes ecanomy Select one 4 Real GDP wi increase by approimatly 02 blon O Maal GOe s unatfected by changes in expos Oc GOP wi dere y prmaly on O. R GOP wil de y pproimatty on O. el GO wil ince byrimaty 71 bon
